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Forex Trend Analysis Report

Prepared for you on Friday, February 26, 2021.

Swiss Franc/Hungarian Forint (FOREX:CHFHUF)

Long-Term Downtrend (-90) - CHFHUF is in a strong downtrend that is likely to continue. While CHFHUF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CHFHUF?

MarketClub looks at technical strength and momentum to determine if the timing is right for CHFHUF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_CHFHUF
Open High Low CHFHUF Price Change
329.04000 329.65560 328.05181 329.45665 +0.41665
Entry Signal

MarketClub’s Trade Triangles for CHFHUF

long term down The long-term trend has been DOWN since Feb 23rd, 2021 at 327.11616

intermediate term down The intermediate-term trend has been DOWN since Jan 31st, 2021 at 330.08979

short term down The short-term trend has been DOWN since Feb 18th, 2021 at 330.66038

Smart Scan Analysis for CHFHUF

Based on our trend formula, CHFHUF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CHFHUF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
329.04000 329.65560 328.05181 329.45665 +0.41665
Prev. Close Volume Bid Ask Time
329.04000 2021-02-26 05:14:33
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